Investment management

This May 7, 2020, file photo, shows a Dunkin' Donuts at the Greater Pittsburgh International Airport in Moon, Pa. The Dunkin’ doughnuts and coffee chain confirmed it's held talks to be taken private by a private equity firm, sending shares rocketing to an all-time high at the opening bell Monday, Oct. 26, 2020.(AP Photo/Gene J. Puskar, File)
October 30, 2020 - 8:45 pm
NEW YORK (AP) — Dunkin’ doughnuts and coffee is being combined with Buffalo Wild Wings and Arby's sandwiches. Inspire Brands Inc. said Friday that it is acquiring Dunkin' Brands Group Inc. for $11.3 billion, including the Dunkin’ Brands’ debt that Inspire will be taking on. The private-equity firm...
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FILE - In this Dec. 10, 2009 file photo, billionaire hedge fund manager Steve Cohen attends a benefit in New York. Major League Baseball owners voted Friday, Oct. 30, 2020, to approve the sale of the New York Mets to Cohen. The sale from the Wilpon and Katz families values the franchise at between $2.4 billion and $2.45 billion, a record for a baseball team. The sale is likely to close within 10 days. (AP Photo/File)
October 30, 2020 - 7:07 pm
NEW YORK (AP) — The Wilpon family's control of the New York Mets neared its end after 34 years when Major League Baseball owners voted Friday to approve the sale of the team to billionaire hedge fund manager Steve Cohen. The vote was 26-4, a person familiar with the meeting told The Associated...
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This May 7, 2020, file photo, shows a Dunkin' Donuts at the Greater Pittsburgh International Airport in Moon, Pa. The Dunkin’ doughnuts and coffee chain confirmed it's held talks to be taken private by a private equity firm, sending shares rocketing to an all-time high at the opening bell Monday, Oct. 26, 2020.(AP Photo/Gene J. Puskar, File)
October 26, 2020 - 4:20 pm
The Dunkin’ doughnuts and coffee chain has confirmed it's held talks to be taken private by a private equity firm, sending its shares rocketing to an all-time high Monday. Dunkin’ Brands Group said it’s in preliminary discussions with Inspire Brands, which also owns Arby’s and Jimmy John’s...
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Robert and Dorothy Brockman attend an intimate al fresco dinner celebrating the Rice University groundbreaking of James Turrell's Rice University Skyspace project at the home of Phoebe and Bobby Tudor, Tuesday evening, May 17, 2011, in Houston. Federal prosecutors have charged Texas billionaire Robert Brockman in a $2 billion tax fraud scheme that they say is the largest such case against an American. (Dave Rossman/Houston Chronicle via AP)
October 15, 2020 - 5:58 pm
SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say is the largest such case against an American. Department of Justice officials said at a news conference that Brockman, 79, hid capital gains income over...
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FILE - In this Monday, March 16, 2020, file photo, trader Peter Tuchman works on the floor of the New York Stock Exchange. The 2020 presidential election is clearly unlike any other, but investors might be wise to treat it just like most of the previous ones. History shows the stock market’s performance doesn’t correlate that closely with which party controls the White House: It tends to rise following elections regardless of who wins. (AP Photo/Craig Ruttle, File)
October 15, 2020 - 10:38 am
NEW YORK (AP) — This presidential election is clearly unlike any other, but investors might be wise to treat it just like most of the previous ones. History shows the stock market’s performance doesn’t correlate that closely with which party controls the White House: It tends to rise following...
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FILE - In this Tuesday, Oct. 18, 2011, file photo, the Morgan Stanley logo is displayed on its Times Square building, in New York. Morgan Stanley is buying Eaton Vance in a deal valued at about $7 billion. Morgan Stanley Chairman and CEO James P. Gorman said in statement Thursday, Oct. 8, 2020, that the transaction adds more fee-based revenues to its investment banking and institutional securities franchise. (AP Photo/Mark Lennihan, File)
October 08, 2020 - 7:03 am
NEW YORK (AP) — Morgan Stanley is buying the investment management firm Eaton Vance in a deal valued at about $7 billion. Eaton Vance, based in Boston, has over $500 billion in assets under management. Morgan Stanley Chairman and CEO James P. Gorman said in a prepared statement Thursday that Eaton...
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FILE - In this Feb. 8, 2009 file photo, cranes off load containers at the Jebel Ali Port, in Dubai, United Arab Emirates. International port operator DP World reached a deal Thursday, Sept. 3, 2020, with one of Canada's biggest pension-fund managers to pour an additional $4.5 billion into their joint venture of ports and terminals. (AP Photo/Kamran Jebreili, File)
September 03, 2020 - 5:24 am
DUBAI, United Arab Emirates (AP) — International port operator DP World reached a deal Thursday with one of Canada’s biggest pension-fund managers to pour an additional $4.5 billion into their joint venture of ports and terminals. The new capital signals a major push to expand and brings the total...
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FILE - In this Dec. 13, 2019, file photo, Jennifer Lopez, left, and Alex Rodriguez sit courtside during an NBA basketball game between the Miami Heat and the Los Angeles Lakers in Miami. Rodriguez and Lopez have retained J.P. Morgan to represent them in raising capital for a possible bid for the New York Mets. The move was first reported by Variety and confirmed to The Associated Press by a person familiar with the decision who spoke on condition of anonymity because it was not announced. (AP Photo/Lynne Sladky, File)
August 28, 2020 - 10:10 pm
NEW YORK (AP) — Former major league star Alex Rodriguez and fiancee Jennifer Lopez have backed out of the bidding to purchase the New York Mets amid reports that the Wilpon family is finalizing a deal with billionaire hedge fund manager Steve Cohen. Rodriguez announced Friday night that despite “a...
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FILE - In this April 3, 2019 file photo, Manuel Henriquez arrives at federal court in Boston to face charges in a nationwide college admissions bribery scandal. Henriquez is scheduled to be sentenced via video on Wednesday, July 29, 2020, after pleading guilty. (AP Photo/Steven Senne, File)
July 29, 2020 - 4:01 pm
The founder of a Silicon Valley venture capital firm was sentenced Wednesday to six months behind bars for paying about $450,000 in bribes to boost his two daughters' entrance exam scores and get one of them into Georgetown University as a bogus tennis recruit. Manuel Henriquez, the 57-year-old...
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A currency trader wearing a face mask watches computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Friday, July 17, 2020. Asian stock markets rebounded Friday after Wall Street closed lower amid uncertainty about the U.S. economic outlook. (AP Photo/Lee Jin-man)
July 17, 2020 - 3:33 pm
NEW YORK (AP) — Wall Street ticked higher Friday to close out its third straight winning week, one punctuated by hopes that the economy can continue to steady itself despite the pandemic. The S&P 500 rose 9.16 points, or 0.3%, to 3,224.73 after yet another day of wobbly trading. The Dow Jones...
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